Syntel (SYNT) : Zacks Investment Research ranks Syntel (SYNT) as 5, which is a Strong Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.5, which indicates as a Buy.
Syntel (SYNT) : Average target price received by Syntel (SYNT) is $48.25 with an expected standard deviation of $3.81. The most aggressive target on the stock is $52, whereas the most downbeat target is $43. 8 financial analysts are currently covering the stock.
Also, Maxim Group downgrades their rating on the shares of Syntel (NASDAQ:SYNT). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 15, 2016.
Syntel (NASDAQ:SYNT): The stock opened in the green at $42.65 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $43.03 and a low of $41.01 for the day. The stock did not find buyers even at the lows and closed at $42.57 recording a loss of -1.09%. 757,120 shares exchanged hands during the trading day. The stock had closed at $43.04 in the previous days trading.
Syntel, Inc. (Syntel) is a provider of digital transformation, information technology (IT) and knowledge process outsourcing (KPO) services. Syntel operates through five segments: Banking and Financial Services, Healthcare and Life Sciences, Insurance, Retail, Logistics and Telecom, and Manufacturing. The Banking and Financial Services segment serves financial institutions around the world. The Healthcare and Life Sciences segment serves various companies in the healthcare industry. The Insurance segment serves property and casualty insurers, insurance brokers, personal, commercial, life and retirement insurance service providers. The Retail, Logistics and Telecom segment serves a range of retailers and distributors, and clients in the logistics and telecom industry. The Manufacturing segment provides business consulting and technology services for industrial and automotive clients. The Company offers its products and services under the Syntel brand.